Renewables – wave

A Scottish tidal energy firm has secured £7 million from private investors to help develop its floating turbine system in a show of faith in the renewable technology. Orbital Marine Power raised the money by issuing debentures in an offer which won support from around 2,300 individual backers. The average investment was around £3,000. Investors in Scotland put in £4,500 on average. The money raised was in line with the target set when Orbital launched the debenture issue on the Abundance crowdfunding platform.

Gov thinking seems to have finally caught up with reality - main question is not how best to make the taxpayer cough up for new nuclear. No justification for spending our money on outdated technology when renewables cheaper, quicker to build and cleaner.
https://t.co/PpeTfaBNpA

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